Submission to the National Energy Market (NEM) Wholesale Market Settings Review Draft Report

Our submission to the National Energy Market (NEM) Wholesale Market Settings Review draft report offers recommendations to ensure final decisions are robustly justified and demonstrably in the long-term interests of consumers:

1. Clarify governance of the Entry Support and Efficiency Mechanism (ESEM), ensuring that consumer interests are pre-eminent in determining the amount of capacity to procure if consumers are to pay all ESEM costs
2. Identify and find ways to mitigate additional risks emerging from the ESEM
3. Provide greater clarity on how ESEM costs would be allocated to consumers
4. Recommend the establishment of an independent body to advise on the future of wholesale market price settings

To access our recommendations in full, read our submission, supported by an independent report by Finncorn Consulting:

Download submission (PDF, 318.76KB)

Download independent report (Finncorn Consulting) (PDF, 253.14KB)